Which of the Following Is a Sign That a Company

question 67

Multiple Choice

Which of the following is a sign that a company can quickly turn its receivables into cash?

• A)A low receivables turnover ratio.
• B)A high receivables turnover ratio.
• C)A high average collection period.

Recognize the importance of diversity initiatives and their benefits on companies and economies.

Identify effective strategies to retain and advance minority group members.

Comprehend the impact of stereotypes on leadership and management styles.

Acknowledge the advantages of managing a diverse workforce, including reduced turnover among minorities.

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Definitions:

Salsa Manufacturers

Companies or entities involved in the production and distribution of salsa, a type of spicy sauce.

Law of Supply

The economic principle stating that as the price of a good increases, the quantity supplied of the good also increases, ceteris paribus.

Law of Demand

An economic principle stating that as the price of a good or service decreases, the quantity demanded increases, and vice versa, holding other factors constant.

Effective Price Floor

A government-imposed limit below which prices cannot legally fall, set above the equilibrium price, leading to potential surplus or excess supply.